v3.26.1
Segment Information (Tables)
 6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Schedule of Reportable Segment Information
Reportable segment information is presented in the following table:
(In thousands)AmericasInternational
Corporate/Reconciling
Items(a)
Consolidated
Totals
Three Months Ended June 30, 2026
Net sales to external customers$341,451 $161,876 $— $503,327 
Less:
Cost of products sold160,965 89,694 — 
Selling, general and administrative60,040 39,318 13,038 
Research and development11,351 7,803 — 
Adjusted operating income109,095 25,061 
Noncash items:
Depreciation and amortization12,165 6,938 219 19,322 
Pension (income) expense(5,427)1,049 — (4,378)
Total Assets1,626,553 966,912 8,046 2,601,511 
Capital expenditures9,304 2,845 524 12,673 
Three Months Ended June 30, 2025
Net sales to external customers$320,139 $153,977 $— $474,116 
Less:
Cost of products sold161,505 88,748 — 
Selling, general and administrative55,244 38,145 12,044 
Research and development10,070 6,926 — 
Adjusted operating income93,320 20,158 
Noncash items:
Depreciation and amortization11,956 5,613 530 18,099 
Pension (income) expense(3,974)905 — (3,069)
Total Assets1,569,407 956,490 24,314 2,550,211 
Capital expenditures7,527 2,115 19,692 29,334 
(a) Corporate/Reconciling items consist primarily of corporate expenses and other items not directly attributable to reportable segments.
(In thousands)AmericasInternational
Corporate/Reconciling
Items(a)
Consolidated
Totals
Six Months Ended June 30, 2026
Net sales to external customers$666,689 $300,270 $— $966,959 
Less:
Cost of products sold321,897 169,422 — 
Selling, general and administrative116,580 76,738 24,574 
Research and development20,992 14,517 — 
Adjusted operating income207,220 39,593 
Noncash items:
Depreciation and amortization24,325 12,911 438 37,674 
Pension (income) expense(10,854)2,098 — (8,756)
Total Assets1,626,553 966,912 8,046 2,601,511 
Capital expenditures16,962 5,131 1,167 23,260 
Six Months Ended June 30, 2025
Net sales to external customers$613,299 $282,157 $— $895,456 
Less:
Cost of products sold315,684 160,228 — 
Selling, general and administrative106,162 69,837 21,944 
Research and development19,439 13,226 — 
Adjusted operating income172,014 38,866 
Noncash items:
Depreciation and amortization23,473 10,118 759 34,350 
Pension (income) expense(8,669)1,752 — (6,917)
Total Assets1,569,407 956,490 24,314 2,550,211 
Capital expenditures16,285 4,049 19,784 40,118 
(a) Corporate/Reconciling items consist primarily of corporate expenses and other items not directly attributable to reportable segments.
A reconciliation of total Adjusted operating income from reportable segments to Income before income taxes is presented in the following table:
Three Months Ended June 30,Six Months Ended June 30,
(In thousands)2026202520262025
Adjusted operating income from reportable segments$134,156 $113,478 $246,813 $210,880 
Less:
Corporate expenses13,038 12,044 24,574 21,944 
Restructuring charges (Note 4)2,209 488 4,538 2,412 
Currency exchange losses, net1,896 5,286 2,095 9,363 
Interest expense7,951 8,116 15,654 14,951 
Other income, net(7,379)(5,000)(15,060)(12,022)
Acquisition-related amortization3,377 3,153 6,769 5,439 
Transaction costs(a)
1,677 6,645 3,864 8,099 
Income before income taxes$111,387 $82,746 $204,379 $160,694 
(a) Transaction costs include advisory, legal, accounting, valuation, and other professional or consulting fees incurred during our evaluation of or in connection with acquisitions and divestitures. These costs are included in Selling, general and administrative expense in the unaudited Condensed Consolidated Statements of Income.
Percentage of Total Sales by Product Group
Total sales by product group was as follows:
Three Months Ended June 30, 2026ConsolidatedAmericasInternational
(In thousands, except percentages)DollarsPercentDollarsPercentDollarsPercent
Detection (a)
$201,376 40%$138,628 41%$62,748 39%
Fire Service (b)
161,892 32%108,243 32%53,649 33%
Industrial PPE and Other (c)
140,059 28%94,580 27%45,479 28%
Total$503,327 100%$341,451 100%$161,876 100%
Three Months Ended June 30, 2025ConsolidatedAmericasInternational
(In thousands, except percentages)DollarsPercentDollarsPercentDollarsPercent
Detection (a)
$193,835 41%$127,174 40%$66,661 43%
Fire Service (b)
163,306 34%110,815 35%52,491 34%
Industrial PPE and Other (c)
116,975 25%82,150 25%34,825 23%
Total$474,116 100%$320,139 100%$153,977 100%
Six Months Ended June 30, 2026ConsolidatedAmericasInternational
(In thousands, except percentages)DollarsPercentDollarsPercentDollarsPercent
Detection (a)
$382,218 40%$262,602 39%$119,616 40%
Fire Service (b)
321,164 33%224,335 34%96,829 32%
Industrial PPE and Other (c)
263,577 27%179,752 27%83,825 28%
Total$966,959 100%$666,689 100%$300,270 100%
Six Months Ended June 30, 2025ConsolidatedAmericasInternational
(In thousands, except percentages)DollarsPercentDollarsPercentDollarsPercent
Detection (a)
$354,906 40%$237,065 39%$117,841 42%
Fire Service (b)
313,922 35%216,722 35%97,200 34%
Industrial PPE and Other (c)
226,628 25%159,512 26%67,116 24%
Total$895,456 100%$613,299 100%$282,157 100%
(a) Detection includes Fixed Gas and Flame Detection and Portable Gas Detection. Detection includes the sales of the acquired M&C TechGroup and its affiliated companies (“M&C”), from May 6, 2025, onward (Americas and International). Refer to Note 15—Acquisitions for further information.
(b) Fire Service includes Breathing Apparatus and Firefighter Helmets and Protective Apparel.
(c) Industrial PPE and Other includes Industrial Head Protection, Fall Protection and other.